ProShares UltraShort Valuation

ProShares UltraShort SmallCap600 -- USA Etf  

USD 14.62  0.03  0.21%

ProShares UltraShort holds recent Real Value of $13.86 per share. The prevailing price of the etf is $14.62. At this time the etf appears to be over valued. Macroaxis determines value of ProShares UltraShort from analyzing the etf fundamentals such as Ten Year Return of (33.43)% and Number of Employees of 10 as well as examining its technical indicators and Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.
 Time Horizon     30 Days    Login   to change
ProShares UltraShort SmallCap600 is rated below average in five year return as compared to similar ETFs. It is rated below average in one year return as compared to similar ETFs .

Current Market Valuation

ProShares UltraShort Valuation Boundaries
Over Valued
April 27, 2018
14.62
Market Value
13.86
Real Value
Target Price Odds
 Above  Below  
21.27
Upside
ProShares UltraShort is not very volatile asset. Calculation of real value of ProShares UltraShort is based on 2 months time horizon. Increasing ProShares UltraShort time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Net Asset

ProShares UltraShort Net Asset Analysis
ProShares UltraShort SmallCap600 is rated below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Size and Style category is currently estimated at about 693.96 Billion. ProShares UltraShort adds roughly 2.5 Million in net asset claiming only tiny portion of equities under Size and Style ETF category.
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